Form 4: Berkshire Hills Bancorp Executive Ellen Tulchiner Reports Stock Sale
SEC Form 4 Filing
Ellen Tulchiner, EVP at Berkshire Hills Bancorp, reports the sale of 926 shares of common stock at $21.7063 per share.
Summary
- Ellen Tulchiner, an Executive Vice President at Berkshire Hills Bancorp Inc., filed a Form 4 with the SEC.
- The report details the sale of 926 shares of common stock on March 19, 2024, at a price of $21.7063 per share.
- The filing also indicates Ms. Tulchiner indirectly owns shares through stock awards granted under the company's equity compensation plans.
- These stock awards vest in three equal annual installments, with vesting dates beginning on January 30, 2023, January 30, 2024, and January 30, 2025, depending on the plan under which they were granted.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an executive, which is a neutral event.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity by an executive of a regional bank, Berkshire Hills Bancorp.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, depending on the overall market perception of the transaction.
Key Dates
| Date | Description |
|---|---|
| 01/30/2023 | First vesting date for stock awards granted pursuant to the 2018 Equity Compensation Plan. |
| 01/30/2024 | First vesting date for stock awards granted pursuant to the 2022 Equity Compensation Plan. |
| 03/19/2024 | Date of the reported stock sale. |
| 01/30/2025 | Vesting date for stock awards granted pursuant to the 2022 Equity Compensation Plan. |
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